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Notwithstanding the revenue increase the Nigerian Customs Service, NCS, said it has achieved with the on-going partial border closure, exporters are counting their losses as countries within the Economic Community of West African States, ECOWAS, sub-region have started rejecting Nigerian cargoes, apparently, as a form of retaliation against the land border closure.
Nigeria’s closure of its land borders will increase industrial use of cassava and other local agricultural produce, the National Cassava Processors and Marketers Association (NCAPMA) has said.
The World Bank’s Senior Agriculture Economist, Adetunji Oredipe, says Nigeria’s neglect of the agricultural sector has cost the country about $10 billion annually.
Sustained sell-offs in highly capitalised stocks trading on the floor of the Nigerian Stock Exchange (NSE) was the theme this week as investors lost a total of N200 billion Week-on-Week.
Trading activities on the Nigerian Stock Exchange (NSE) closed northward on Friday, amid quarter end window dressing and low price attraction.
The crucial market indices of the Nigerian Stock Exchange (NSE) dropped by 0.17 per cent on Thursday after the work-free day to mark the May 29 inauguration date.
MTN Nigeria Communications on Friday recorded its first price loss on the Nigerian Stock Exchange after listing on May 16.
Trading resumed on the nation’s bourse on Tuesday still on a negative trend, declining marginally by 0.01 per cent in a cautious trading.
The Federal Government has flagged-off its roads for tax-refund initiative with Dangote Construction handling a 16-kilometre Ofeme Community road network in Ohuhu in Umuahia North local Government, Abia State.
Activities on the nation’s bourse opened for the month of February on Friday with a growth of 0.26 per cent, halting four consecutive days’ bearish run.
Trading activities on the Nigerian Stock Exchange (NSE) remained positive on Friday, with Total Oil leading the gainers’ table for the day.
Activities on the Nigerian Stock Exchange (NSE) returned to negative territory on Wednesday, after appreciating for two consecutive days.
Activities resumed for the week at the Nigerian Stock Exchange (NSE) on a positive trend, with market capitalisation returning to N12 trillion amid improved third quarter results.
Transactions rebounded on the Nigerian Stock Exchange (NSE) on Tuesday following gains posted by some highly capitalised equities.
The Market indices of the Nigerian Stock Exchange (NSE) dropped marginally on Tuesday by 0.08 per cent, reversing the previous day’s gain.
Equity transactions on the Nigerian Stock Exchange resumed for the week on Monday on a negative note as major blue chips continue to drop price.
Trading on the Nigerian Stock Exchange (NSE) closed for the week on Friday on a positive note with Nigerian Breweries leading the price gainers.
Former Minister of State for Agriculture and Rural Development, Senator Heineken Lokpobiri, has commended the people of Bayelsa State for changing their destiny by voting the All Progressives Congress (APC) in the Saturday election.
YIAGA AFRICA, a civil society organisation (CSO), says there are indications that the results of the Bayelsa state gubernatorial election were manipulated.
Manchester United’s failure to qualify for the Champions League is beginning to erode the club’s finances, but increased commercial income helped the English giants post revenues of £135.4 million ($174 million) for the first quarter of the 2019-2020 season on Monday.
Justice Bolanle Okikiolu-Ighile of the Lagos High Court, Igbosere on Monday, November 18, granted the application of a Dane, Peter Nielsen, accused of killing his wife and daughter, to revisit the scene of the crime which was sealed off after the incident last year.
Cost of used and new imported vehicles is set to drop if the Ministry of Finance approves the proposal of the Nigeria Customs Service (NCS) which recommended a reduction of the levy from 35% to 5 or 10%.
Ex-Chelsea midfielder John Obi Mikel has labelled "incredible" Real Madrid winger Eden Hazard the laziest of all his former team-mates.
Deputy Senate President, Senator Ovie Omo-Agege, has described the All Progressives Congress (APC), victory in Bayelsa State as an assurance that more South-South states will be won by the party in future elections.
Director General, National Council for Arts and Culture (NCAC), Chief Olusegun Runsewe, on Friday said no fewer than 30 countries would participate in the International Arts and Crafts Expo slated to hold in Abuja.
President of the Senate, Ahmad Lawan, has said amendment to the Public Procurement Act 2007 by the National Assembly will guarantee successful implementation of the 2020 budget.
Italy was poised to declare a state of emergency for Venice Thursday after an exceptional tide surged through churches, shops and homes, causing millions of euros worth of damage to the UNESCO city.